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" CBE"
693 results
Egypt - Politics
3/15/2021 11:05:30 AM
Citizens can still use traditional paper money currently in circulation in all of their financial transactions, the CBE said
Egypt - Politics
3/14/2021 11:45:00 PM
Governor of the CBE said that 320,000 farmers have had their debts written off, adding that these debts totaled around EGP 660 million
Business - Economy
3/11/2021 2:48:58 PM
COVID-19 Response targets 120,000 women in Minya, Beni Sueif, Assiut, and Sohag, aiming to expand the scale, sustainability, and impact of VSLAs through leveraging technology of different e-payment methods
Business - Economy
3/11/2021 11:30:48 AM
Likewise, Egypt’s short-term external debt jumped by 9.8 percent to reach $12.3 billion in the same period, up from $11.2 by the end of December 2019
Business - Economy
3/10/2021 3:10:05 PM
CAPMAS and CBE calculations of the inflation rates came within the target set by the CBE, which is 7 seven percent (+/-2 percent) through 2022
Business - Economy
3/10/2021 1:48:39 PM
Egypt’s economy has shown stability and resilience through the global COVID-19 pandemic, said Fitch Ratings
Business - Economy
3/7/2021 2:48:45 PM
The increase is the ninth for the NIRs since it started to bounce back last June after a sharp drop caused by the COVID-19 pandemic in 2020
Business - Economy
2/24/2021 12:56:21 PM
The allocations will benefit more than 120 MSMEs and accelerate economic growth
Business - Economy
2/18/2021 6:45:49 PM
Lack of access to finances is the major obstacle SMEs face, which impacts their employment growth and sustainability, the paper noted
Business - Economy
2/16/2021 6:12:39 PM
Fayed added that the CBE accelerate its efforts over the past two years to activate mobile wallets in line with Egypt’s strategy of digital transformation and financial inclusion
Business - Economy
2/4/2021 11:00:25 PM
Domestic and global economic activity and the developments in macroeconomic signs drove the CBE to keep the current interest rates unchanged
Business - Economy
2/3/2021 6:52:50 PM
Despite a 39 percent drop in its FDI inflow, Egypt managed to maintain its position as having the most FDI inflows in Africa with $5.5 billion in 2020, according UNCTAD
Business - Economy
2/3/2021 2:11:31 PM
In 2020, the CBE slashed key interest rates by a total of 4 percent to stand at at 8.25 percent, 9.25 percent, and 8.75 percent for overnight deposit rate, overnight lending rate, and the rate of the main operation respectively
Business - Economy
2/2/2021 10:06:00 AM
Remittance flows from January to November hiked 11.9 percent compared to the same period a year prior
Business - Economy
2/1/2021 2:13:37 PM
The CBE attributed the 'temporary increase' to the drop in services surplus by 78.3 percent to register $876.3 million, down from $4 billion
Egypt - Politics
1/30/2021 10:11:46 PM
The Central Bank of Egypt (CBE) governor previews the central bank’s initiatives in supporting the economy to help face the pandemic’s repercussions
Business - Economy
1/17/2021 1:34:19 PM
The deal completion awaits CBE, FRA and Central Bank of Lebanon's approvals
Business - Economy
1/11/2021 3:12:40 PM
Egypt -
1/10/2021 6:01:43 PM
Issuance coincides with the inauguration of new printing house in New Administrative Capital this June
Business - Economy
1/6/2021 3:29:49 PM
The stability of the financial system helped the Egyptian economy withstand the repercussions of the pandemic
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